There are a number of provisions in the Patient Protection and Affordable Care Act (PPACA) that was passed in 2010.

Now that the legislation has been mostly upheld by the Supreme Court, there is little to stop many of the provisions from the PPACA from coming to fruition. From the inability of insurers to drop you due to illness, to the individual mandate for health care coverage, to the establishment of state exchanges, there are a number of highly publicized new policies in the bill.

However, there are also plenty of other provisions in the law, some of which you might not know about.

One of the lesser known provisions is the rebates that insurance companies will be required to send a rebate to customers if they do not keep overhead costs lower.

Some estimates suggest that as much as 30% of what we spend on health care goes to overhead — and not to health benefits. This is rather distressing when the costs of health care in the United States are compared to other developed countries that, in many cases, more efficiently keep the overhead to 1/3 of what it is in the United States.

Many tenants assume that they don’t need renter’s insurance because any hazards will be covered by their landlord’s insurance—after all, they’re the ones who own the property, right?

Nope.

The landlord’s insurance will cover only what the landlord owns, and that will be limited to the land and the physical structures on it. Anything inside the building that you own will be excluded by the landlord’s insurance company.

Life insurance, in general, is not a subject many people want to talk about.

After all, its more about death than it is about life. But it is a necessary part of financial planning and a form of insurance many people should have! The two main forms of life insurance are Term Life Insurance and Whole Life Insurance.

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